CHF/JPY surge slows down near 133.00

Note: This section contains information in English only.
Source: Dukascopy Bank SA


Throughout March the value of the Japanese Yen has been plummeting on all charts. On the CHF/JPY rate it has taken the form of a 7.50% or 932 base point surge.

At the start of April, the surge of the rate had slowed down, as it revealed a resistance zone. Meanwhile, late March low levels pinpoint the location of a support zone. On April 8, the support zone was marked at 130.82/130.86, and resistance was at 133.32/133.59.

A move above the resistance zone might encounter resistance in the 2015 Swiss Franc's un-pegging from the Euro high level at 134.50, before booking new high levels.

However, a potential decline below 130.82 might find support at 130.00 and 128.00, and the 50-day simple moving average.
Back to articles

Actual Topics

Mon, 11 Apr 2022 10:07:42 GMT

EUR/GBP respects round levels

In early March, the EUR/GBP currency pair shortly reached below the 2019 and 2020 low levels near 0.8280. Afterwards, a surge up to the 0.8500 mark occurred. On April 11, the currency exchange rate was trading near the 0.8350 mark. Meanwhile, it was spotted that throughout April, the pair was respecting the support and resistance of round exchange rate

Fri, 08 Apr 2022 10:00:10 GMT

US Small Caps stocks bounce off resistance

Since March 17 up to April 4, the US top 2000 small market capitalization stock index tested the resistance zone at 2,085.00/2,140.00. On April 4, the stocks bounced off the resistance zone. By April 8, the index had reached and shortly pierced the support of the 2,000.00 mark. If the index continues to decline and clearly passes below the

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.